Stocks · Industrials · Aerospace & Defense
HEICO Corporation HEI
$302.45 -1.29% Close, Oct 2, 2026 · NYSE · Market cap $42.14B
Strong growthHigh qualityLow risk
Next earnings report: Dec 17, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 50.4× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Earnings beat analyst estimates in each of the last 7 quarters (average surprise over the last four: +12.3%).
- Diluted EPS over the last four quarters was $6.00, up 31.3% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth89Strong
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 22%
- EPS growth (TTM, YoY)Top 26%
- FCF growth (TTM, YoY)Top 35%
- Revenue growth, 3-year CAGRTop 10%
- Revenue growth accelerationTop 44%
Quality82Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 21%
- Gross marginTop 24%
- Operating marginTop 6%
- Cash conversion (OCF / net income)Bottom 38%
- Accruals (lower is better)Bottom 35%
- Net debt / EBITDA (lower is better)Top 43%
- Interest coverTop 28%
Value41Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 43%
- Free-cash-flow yieldBottom 42%
- EBITDA / enterprise valueBottom 27%
- Sales / enterprise valueBottom 8%
- P/E vs own 5-year history (lower is better)Top 6%
Momentum46Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 42%
- 6-month returnTop 39%
- 1-year return vs S&P 500Bottom 38%
- Distance from 52-week highTop 39%
- Trend checklist (0–4)Bottom 40%
Revisions78Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 34%
- Consecutive EPS beatsTop 17%
- Share of analysts rating BuyTop 42%
- Upside to consensus price targetTop 50%
Stability88Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 9%
- Maximum drawdown, 3 yearsTop 9%
- Beta vs S&P 500 (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Top 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 18.8% | 20.7% | ↑ |
| EPS growth (YoY) | 30.8% | 31.3% | ↑ |
| Gross margin | 41.5% | 40.4% | ↓ |
| Operating margin | 23.0% | 24.0% | ↑ |
| FCF margin | 18.2% | 19.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 20.7% | 18.8% | ↑ | Top 22% |
| EPS growth (TTM, YoY) | 31.3% | 30.8% | ↑ | Top 26% |
| Gross margin | 40.4% | 41.5% | ↓ | Top 24% |
| Operating margin | 24.0% | 23.0% | ↑ | Top 6% |
| Net margin | 16.4% | 15.0% | ↑ | — |
| Free-cash-flow margin | 19.9% | 18.2% | ↑ | — |
| Return on invested capital | 11.4% | — | Top 21% | |
| Revenue growth, 3-year CAGR | 26.6% | — | Top 10% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.31×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -1.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.57×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 9.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.08%
- Net buyback yield (TTM)
- 0.04%
- Shareholder yield
- 0.13%
- Share count change, 1 year
- +0.2%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Aug 27, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 7
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +12.3%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $397.00
- Target vs current price
- +31.3%
- Analysts with a rating
- 35
- Share rating Buy or Strong Buy
- 63%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 25, 2026 | +9.9% | -0.5% | -6.1% | -12.7% | — |
| May 27, 2026 | +24.8% | +0.2% | +7.5% | +8.6% | +13.5% |
| Feb 25, 2026 | +5.5% | -1.7% | -6.8% | -19.9% | -14.0% |
| Dec 18, 2025 | +9.0% | +0.6% | +10.2% | +14.9% | -4.8% |
| Aug 25, 2025 | +11.5% | -1.4% | +0.8% | +3.4% | +0.4% |
| May 27, 2025 | +8.7% | +2.2% | +12.3% | +18.5% | +14.6% |
| Feb 26, 2025 | +27.8% | -0.2% | +16.5% | +18.9% | +18.0% |
| Dec 17, 2024 | +0.0% | -1.1% | -9.3% | -10.4% | -1.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 25, 2026 | $1.67 | $1.52 | +9.9% | $1.41B |
| May 27, 2026 | $1.66 | $1.33 | +24.8% | $1.38B |
| Feb 25, 2026 | $1.35 | $1.28 | +5.5% | $1.18B |
| Dec 18, 2025 | $1.33 | $1.22 | +9.0% | $1.21B |
| Aug 25, 2025 | $1.26 | $1.13 | +11.5% | $1.15B |
| May 27, 2025 | $1.12 | $1.03 | +8.7% | $1.10B |
| Feb 26, 2025 | $1.20 | $0.94 | +27.8% | $1.03B |
| Dec 17, 2024 | $0.99 | $0.99 | +0.0% | $1.01B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 50.4× | 62.4× | 0th | Bottom 43% |
| P/E (forward) | 47.9× | — | — | — |
| EV / EBITDA | 30.3× | — | — | Bottom 27% |
| EV / Sales | 8.58× | — | — | Bottom 8% |
| Free-cash-flow yield | 2.45% | — | — | Bottom 42% |
| Earnings yield | 1.98% | — | — | Bottom 43% |
P/E over the past five years
Range 56.2× – 73.4× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -5.4%
- Earnings per share growth (TTM)
- +31.3%
- Change in P/E multiple
- -18.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.8%
- 200-day average slope (20 days)
- -0.1%
- Distance from 50-day average
- -9.9%
- Distance from 200-day average
- -6.1%
- RSI (14)
- 37.5
- Relative volume
- 1.01×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.6%
- Volatility vs own 5-year history
- 34th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.96
- Correlation with S&P 500
- 0.45
- Current drawdown from 1-year high
- -19.3%
- Maximum drawdown, 3 years
- -27.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 15, 2026 | Apr 29, 2026 | -27.1% | 71 days | 43 days (Jul 1, 2026) |
| Nov 22, 2024 | Feb 18, 2025 | -21.3% | 56 days | 63 days (May 19, 2025) |
| Aug 14, 2026 | Sep 17, 2026 | -20.9% | 23 days | Not yet recovered |
| Apr 4, 2022 | Jun 23, 2022 | -18.8% | 55 days | 25 days (Jul 29, 2022) |
| Jun 8, 2021 | Sep 7, 2021 | -17.0% | 63 days | 45 days (Nov 9, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $42.14B
- P/E (TTM)
- 50.4
- EPS, diluted (TTM)
- $6.00
- Revenue (TTM)
- $5.18B
- Dividend yield
- 0.08%
- 52-week range
- $256.11 – $376.86
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.87B | $2.21B | $2.97B | $3.86B | $4.49B |
| Gross profit | $796.3M | $938.8M | $1.25B | $1.61B | $1.79B |
| Operating income | $394.9M | $487.9M | $647.6M | $834.3M | $1.02B |
| Net income | $304.2M | $351.7M | $403.6M | $514.1M | $690.4M |
| EPS (diluted) | $2.21 | $2.55 | $2.91 | $3.67 | $4.90 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | $1.03B | $1.10B | $1.15B | $1.21B | $1.18B | $1.38B | $1.41B |
| Net income | $139.7M | $168.0M | $156.8M | $177.3M | $188.3M | $190.2M | $233.8M | $235.4M |
| EPS (diluted) | $0.99 | $1.20 | $1.12 | $1.26 | $1.33 | $1.35 | $1.66 | $1.66 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $444.1M | $467.9M | $448.7M | $672.4M | $934.3M |
| Capital expenditure | -$36.2M | -$32.0M | -$49.4M | -$58.3M | -$72.9M |
| Free cash flow | $407.9M | $435.9M | $399.3M | $614.1M | $861.4M |
| Dividends paid | -$23.0M | -$24.5M | -$27.4M | -$29.1M | -$32.0M |
| Net share buybacks | $1.6M | -$23.6M | -$8.1M | -$22.0M | -$9.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $241.0M
- Total assets
- $9.94B
- Total liabilities
- $4.29B
- Total debt
- $2.54B
- Net debt
- $2.30B
- Shareholders’ equity
- $4.95B
As of Jul 31, 2026 (filed Aug 27, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jul 1, 2026 | $0.13 | Jul 15, 2026 |
| Jan 5, 2026 | $0.12 | Jan 20, 2026 |
| Jul 1, 2025 | $0.12 | Jul 15, 2025 |
| Jan 3, 2025 | $0.11 | Jan 17, 2025 |
| Jul 1, 2024 | $0.11 | Jul 15, 2024 |
| Jan 3, 2024 | $0.10 | Jan 19, 2024 |
| Jun 30, 2023 | $0.10 | Jul 17, 2023 |
| Jan 4, 2023 | $0.10 | Jan 23, 2023 |
Short interest
- Shares sold short
- 3,322,347
- Days to cover
- 7.28
- Change vs previous report
- +3.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 28, 2018
- 5-for-4
- Jan 18, 2018
- 5-for-4
- Apr 19, 2017
- 5-for-4
- Oct 23, 2013
- 5-for-4
- Apr 25, 2012
- 5-for-4